Metal and Ceramic Injection Molding Industry

Description

Metal Injection molding, as a technology is projected to be one of the most important manufacturing technologies for the future in a recent global analysis. The industry is continuing its unabated growth in all geographical regions.

The industry has enjoyed double-digit average growth for close to two decades and strong growth is projected to continue for the next 5 years. The 2017 market size for MIM and CIM was $REDACTED billion, having grown from $REDACTED billion in 2014 when BCC Research last reported on the industry. We project that the MIM and CIM market will grow to $REDACTED billion in 2018 and further grow to $REDACTED billion in thefollowing 5 years. This represents a CAGR of REDACTED% for 2018–2023. Of the $REDACTED billion market, REDACTED% of the market ($REDACTED million) is based in Asia. This is up from the $REDACTED million market share that Asia had in our last report. The market will grow to 
$REDACTED billion in 2018 and further to $REDACTED billion in 2023 at a CAGR of REDACTED%.

The North American market was $REDACTED million in 2017, representing REDACTED% of the global market, growing from $REDACTED million in 2014. Captive manufacturers have been added to our analysis and some companies have changed ownership geographically. This market will grow to $REDACTED billion in 2018 and further to $REDACTED billion in 2023. The North American market will grow slightly slower than the global market, at a CAGR of REDACTED%.

Europe (at $REDACTED million) is the third largest. This is an increase from the $REDACTED million market size we reported in 2014 and represented REDACTED% of the global market in 2017. The regional market will grow to $REDACTED million in 2018 and further to $REDACTED billion in 2023. Strong growth in Europe will be partially in the CIM market (where Europe is the global leader) at a CAGR of REDACTED%.

ROW represented $REDACTED million in 2017, for about REDACTED% of the global MIM and CIM market. This will grow to $REDACTED million in 2018 and further to $REDACTED million by 2023 at a CAGR of REDACTED%.

BCC Research is increasing the growth projections for the MIM and CIM market from our last report, when we projected annual growth at REDACTED%. We are increasing this back to double digits for the next 5 years, as all application markets are expecting good growth in the next few years. The global GDP growth rates have also improved since our last report. Europe has stabilized, the U.S. is starting to see inflation and the Asian markets, especially India, project very strong GDP growth rates over the next few years.

Interest rate hikes in the United States and potential market slowdown is still a possibility in the next 5 years. This cycle is very unlikely to have any impact till 2021. The downturn could be delayed for two years, after the end of our projection period, 2023.

Europe and North America withstood market challenges and the strong presence of supporting technology companies has helped these regions compete and grow. The computer, communications and consumer(3C) market continues to be supported by MIM plants in Asia.

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Report Scope:

This report summarizes the global market trends in the MIM and CIM industry. Although the emphasis is mainly on the MIM market, coverage of the CIM market has been expanded from earlier reports. CIM markets are perhaps reaching a level of size where it may be interesting to review the CIM market separately.

The CIM market is still not as widely established as the MIM market. It is a complementary process technology for ceramic manufacturing, among many others. However, we have discovered an increasing number of companies that are actively using CIM and several new CIM companies are added in this report. The market players who are active in CIM are also active in many other ceramic processing methods, which makes it difficult to put meaningful numbers on the industry size.

A more detailed study of the CIM market is included in this report and should provide the reader with a better understanding of the market. 2017 market size (by geography) is also provided. 
Many readers had mentioned that technical understanding of the MIM process is still difficult for new entrants and even established companies that want to branch out into new materials and applications. The challenges come from trying to understand binder systems, as these dictate the process equipment and conditions to be employed. To assist with this difficulty, we have incorporated detailed information on binder systems for different materials and several tables of data with technical information related to binder technology.

BCC Research provides the only market report for MIM and CIM technologies that routinely reviews all the patents published in this market. Further, we also review PhD dissertations from worldwide MIM and CIM technologies. BCC Research also continues to monitor journal articles related to MIM and has incorporated many tables and charts with relevant information from these sources. Companies will benefit from these reviews and analyses as the MIM market is uniquely driven by engineering technology. The MIM market can be difficult for companies wishing to compete through manufacturing excellence. Experience continues to be the key to expertise in this market.

As in our earlier reports, we have separate chapters that cover suppliers and application segments for MIM and CIM products. Estimated values used are based on manufacturers’ total revenues. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.

The supplier side of the market is crucial to MIM. There are many products that MIM manufacturers buy that are unique to the MIM industry. These products are not widely used in other markets. These include certain grades of metal powder (less than 25 microns in size or metallic microspheres), MIM feedstock and debinding equipment. Companies that support the MIM market with such technologies have benefited from the growth of the MIM market. BASF is a noted example, with their catamold technology of binders, which helped them corner a large share of the global feedstock market.

All major application segments of MIM and CIM are studied in detail. The titanium product market is presented in more detail in this report compared to previous reports. The binder systems used in Titanium MIM are also reviewed in this report. Application markets such as aerospace and medical for titanium MIM are presented. Firearms, one of the largest application markets for MIM, are covered in more detail, with more than 50 U.S. companies that produced more than 10,000 units of firearms in 2016. More detail is provided for 65 dental bracket manufacturers and the computer, communications and consumer(3C) markets, based mostly in Asia.

Report Includes:

– 24 data tables and 63 additional tables 
– An overview of the global market for metal injection molding (MIM) and ceramic injection molding (CIM) technologies, covering both powder and liquid processes 
– Analyses of global market trends, with data from 2017, estimates for 2018 and projections of compound annual growth rates (CAGRs) through 2023 
– Reviews and analysis of the patents awarded in the MIM and CIM technologies, by technology, by year and by geography; discussion on trends 
– Detailed analysis of various supplier products and technologies supporting the MIM and CIM marketplace, by technology and by geography; includes comprehensive lists of suppliers by product 
– Detailed analysis of various application markets for MIM and CIM technologies, such as firearms, medical and dental and watch making; includes comprehensive lists of customers by industry 
– Descriptions of the diverse products that can be made via powder metal injection molding and thixo-molding technologies, and the different markets for parts, including automotive, aerospace, consumer products, industrial, medical, dental and the 3C industry; materials used in each 
– Company profiles of the major palyers of the industry, including Hitachi Chemical Co. Ltd , Nippon Piston Ring Co. Ltd., Rocky Mountain Orthodontics , Small Precision Tools Inc., Zcmim Technology Ltd and Thermal Technology Inc.

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Table of Contents 

Chapter 1 Introduction 
Chapter 2 Summary and Highlights 
Chapter 3 Metal Injection Molding 
Chapter 4 Supplier Markets for MIM and CIM 
Chapter 5 Analysis of Metal and Ceramic Injection Molding Markets 
Chapter 6 Application Markets for the MIM and CIM Industries 
Chapter 7 Patent Analysis 

Chapter 8 Company Profiles 
3M 
AB TECHNOLOGY (M) SDN. BHD. 
ADTECH CERAMICS 
ADVANCED MATERIALS TECHNOLOGIES PTE LTD. 
ADVANCED METALWORKING PRACTICES LLC 
ADVANCED POWDER PRODUCTS, INC. 
ADVANCED TECHNOLOGY & MATERIALS CO. LTD. 
ADVANTAGE METAL POWDERS, INC. 
AFFINITY INTERNATIONAL ENT INC. 
Longshan Taida Ltd. 
AG Materials Inc. 
AKRON PORCELAIN & PLASTICS CO. 
ALD VACUUM TECHNOLOGIES AG 
ALLIANCE MIM 
AMERICAN CHEMET CORP. 
AMERICAN ORTHODONTICS 
AMETEK INC. 
Reading Alloys Inc. 
AMPHENOL MCP 
APG MIM 
APPLIED SEPARATIONS 
ARBURG GMBH + CO KG 
ARC GROUP WORLDWIDE, INC. 
ARCAM EBM (A GE ADDITIVE COMPANY) 
ASHLAND INC. 
ATECT CORP. 
AUSTRALIAN METAL POWDERS SUPPLIES 
AVL METAL POWDERS 
AVS INC. (ADVANCED VACUUM SYSTEMS) 
BASF AG 
BECKETT MIM LTD. 
BESTNER 
BLASCH PRECISION CERAMICS 
BMI FOURS INDUSTRIELS 
BRITT MANUFACTURING CO. (PART OF GREENE GROUP) 
C.I. HAYES 
CANA-DATUM MOULDS LTD. 
CARPENTER POWDER PRODUCTS 
CASETEK HOLDINGS LTD. 
CASTEM 
CATCHER TECHNOLOGY CO. LTD. 
CELANESE 
CENTER FOR INNOVATIVE SINTERED PRODUCTS 
CENTORR VACUUM INDUSTRIES 
CERADYNE INC. (PART OF 3M) 
CERAMCO INC. 
CERAMIC OXIDE FABRICATORS 
CERAMTEC GMBH 
CERBIDE INC. 
CETATECH 
CITIZEN WATCH CO. 
CLARIANT CORP. 
CM FURNACES INC. 
CMG TECHNOLOGIES 
CN INNOVATIONS HOLDINGS LTD. (ZOLTRIX) 
COHO BIOMEDICAL TECHNOLOGY CO LTD. (ZIBONE BRAND) 
COMOTEC SA 
CONTINUOUS METAL TECHNOLOGY, INC. 
COORSTEK INC. 
CORE-TECH, INC. 
CPS TECHNOLOGIES CORP. 
CREMER THERMOPROZESSANLAGEN GMBH 
CYPRESS INDUSTRIES 
DEAN GROUP INTERNATIONAL LTD. 
DEMCON METAL INJECTION MOULDING 
DONCASTERS GROUP LTD. 
DORST TECHNOLOGIES 
DOU YEE TECHNOLOGIES PTE LTD. 
DR. BOY GMBH & CO. KG 
DSH TECHNOLOGIES, LLC 
DURON PLASTICS LTD. 
DYNAMIC GROUP 
EASEA INTERNATIONAL LTD. 
ELEMENT 22 
ELNIK SYSTEMS 
EMBE PRODUCTS & SERVICE GMBH 
EMIL BRoLL GMBH & CO. 
ENGEL AUSTRIA GMBH 
EPSON ATMIX CORP. 

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